Morning everybody,
As some pullback is started we have the first fruit, which is DiNapoli B&B "Buy" setup on daily chart. Its minimum target stands around 53.23K area, entry inside of 45-49K range. I suggests that intraday 48-49K area looks most suitable for that. The optimal stop is below the lows, but if it is too much - it is possible to hide it either below 48.4K or 47K area, depending on your financial possibility.
B&B also could be the continuation pattern, if it doesn't limit with minimum target. So, if you consider scale-in, it also could serve your purposes. As usual - do not forget move stops to b/e at a proper moment.
Get luck.
As some pullback is started we have the first fruit, which is DiNapoli B&B "Buy" setup on daily chart. Its minimum target stands around 53.23K area, entry inside of 45-49K range. I suggests that intraday 48-49K area looks most suitable for that. The optimal stop is below the lows, but if it is too much - it is possible to hide it either below 48.4K or 47K area, depending on your financial possibility.
B&B also could be the continuation pattern, if it doesn't limit with minimum target. So, if you consider scale-in, it also could serve your purposes. As usual - do not forget move stops to b/e at a proper moment.
Get luck.
ForexPeaceArmy BTC analytics :
www.forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
www.forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
www.forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
www.forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/